The Bulgarian National Bank (BNB) has revised upwards its expectations for Bulgarian economic growth in 2025 but lowered its GDP growth forecast for 2026, it transpired from the Bank's regular quarterly Macroeconomic Forecast.
In its March forecast, BNB expects Bulgaria’s real GDP growth to reach 2.8% in 2025, then temporarily slow to 2.2% in 2026, and accelerate to 3.1% in 2027. For comparison, the January forecast projected GDP growth of 2.5% for 2025, 3.0% for 2026, and 2.5% for 2027.
The upward revision of the 2025 real GDP growth forecast is primarily driven by a projected increase in government consumption and a more positive contribution from inventories. However, the risk of lower growth in exports of goods and services remains, the analysis said.
The Bulgarian Investment Agency (BIA) and the Japan External Trade Organization (JETRO) are signing a memorandum of understanding that will give new impetus to the trade and economic relations between Bulgaria and Japan. The two countries are seeking..
According to data from the Bulgarian National Bank, household bank loans in Bulgaria surpassed €25.5 billion mark , reaching €25.59 billion by the end of May 2025. The Bulgarian News Agency (BTA) reported that the total loan amount had increased by..
A number of institutions – the Ministry of Labor and Social Policy, the Employment Agency, the Executive Agency for Bulgarians Abroad and the Ministry of Interior, as well as members of parliament, have made a clear commitment – to..
Partly cloudy, chance of rain
sunshine, cloud, rain and thunder
Partly Cloudy